Gilts
Tectonic shift: could RPI transition be the new Libor?
With CPIH set to replace RPI in 2030, some say the move could cost pension funds around £90bn
UK funds fall out of love with sterling swaps
Lower yields, Libor transition and margin rules help make gilt repo the desired hedging tool for LDI funds
Inflation derivatives house of the year: NatWest Markets
Risk Awards 2021: warehousing capabilities created competitive edge in illiquid CPI market
On eve of Brexit, PPF’s chief risk officer isn’t too worried
Stephen Wilcox talks about getting pensions paid without the benefit of controlling ‘UK Plc’
JP Morgan first to issue SOFR-linked preferred stock
BofA, Goldman Sachs and others are also preparing for Libor’s end
Once bitten, twice shy: UK traders wary of inflation reform
Proposals to fix RPI methodology flaws are back on the agenda, but traders have been caught out before
CPI bonds set for growth, say dealers
Double issuance sparks hopes for inflation-linked swap market
Basis risk looms for insurers in Libor transition
UK insurers may need to pay more and run basis risk to hedge interest rates after transition
Goodbye Sonia flat: banks rethink swaps with bond collateral
Higher discount rate can cut payouts to in-the-money clients by millions
Growth replaces income in UK products as providers apply RDR principles
The Retail Distribution Review is already having an impact on structured products in the UK if new products launched this month are anything to go by
Ultra long-dated UK gilts could provide data to value long-term liabilities
Ultra long-dated UK gilts could provide data to value long-term liabilities
CPI-linked gilts will not be issued next year, says government
Concerns over unsustainable demand and market fragmentation halt issuance of gilts linked to consumer price index
Pension schemes urged to reduce risk as Bank of England confirms QE 2
Funds should consider interest rate protection if low growth environment persists
Demand for CPI-linked gilts predicted as fragmentation concerns are downplayed
Demand for CPI-linked gilts predicted as fragmentation concerns are downplayed
Pension fund liabilities could soar as Bank of England hints at second round of QE
Pension fund liabilities could soar as Bank of England hints at second round of QE
Market fragmentation "inevitable" if CPI-linked gilts issued, says DMO chief
Key question is to what extent fragmentation could affect liquidity of new instrument, says chief executive of the UK’s Debt Management Office
Bond stars scrap shorts on US treasuries as yields plunge
Old Mutual and Legal & General managers say the time is right for a shift, while Artemis's Littlewood disagrees
UK debt agency considering change to linkers: Robert Stheeman interview
Q&A: Robert Stheeman, DMO